CNS Canada –– Manitoba’s Port of Churchill is almost ready to start moving grain this season, as ships are expected to go out within the next 10 days, the port’s operator said. “The elevator is starting to fill up and the rail cars are lining up for delivery on time. We’ve got ships predicted to […] Read more
Ships’ sailing season starts soon at Churchill
CBOT weekly outlook: Soy bearish, corn bullish ahead of tour results
CNS Canada — Chicago Board of Trade (CBOT) corn and soybean traders are eagerly awaiting the results of a multi-state crop tour, while concerns over Chinese demand are also overhanging the markets. The Pro Farmer Midwest Crop Tour’s full results are due to be released Friday. So far the tour has been bullish for corn, […] Read more
Short-term barley prices seen likely to downtrend
CNS Canada — Feed barley prices are moving slowly with hand-to-mouth buying as the crop moves into harvest, when already low prices will likely hit a downtrend. However, prices will likely recover into autumn, depending on how farmers choose to act, from where one market analyst sits. “If the farmers aren’t willing to sell at […] Read more
Cooler temperatures, precipitation in store for Prairies
CNS Canada — Alberta crops could be put at risk during the last week of September due to cooler weather, but for the most part, a U.S. meteorologist expects average to slightly above-average temperatures for the Prairies during harvest. Farmers will need to monitor temperatures during the last 10 days of September, as there will […] Read more
Lower loonie to boost U.S. demand for sunflowers
CNS Canada — Manitoba sunflowers are looking better than they have in recent years, despite minor pest pressure, in one agronomist’s view — and a lower Canadian dollar could be useful for producers looking to sell. Sunflower prices aren’t seeing a lot of movement right now, but demand is good — and with a lower […] Read more
Fertilizer prices steady as farmers gauge fall use
CNS Canada — Farmers are starting to assess how much fertilizer they’ll use going into the fall, if at all, based on crop budgets, according to an industry analyst. Fertilizer prices are being driven by crop prices and the global market, and both those factors are keeping prices steady, said David Asbridge, president at NPK […] Read more
CBOT weekly outlook: Corn, soy to weaken as harvest nears
CNS Canada –– Short-term corn and soybean futures have been bouncing due to dryness in the eastern U.S. corn belt, but as crops move into harvest, prices will likely fall, according to Brian Rydlund, market analyst at CHS Hedging Inc. The corn market is primarily being moved by ethanol bidders and buyers, Rydlund said. “Export-wise, […] Read more
Crops varied, but production down overall: tour
Regina — Crop conditions across Western Canada ranged from good to poor during CWB tours of the Prairie provinces over the week ended July 24, with ‘variability’ the key word in any discussion on this year’s prospects. Production on canola and wheat will be down overall, but perhaps by not as much as originally thought. […] Read more
Rain too late to bring back yields: CWB crop tour
Eastern Saskatchewan — no recovery seen By Jade Markus, Commodity News Service Canada Grenfell, Sask. — As the CWB crop tour sees an increasing number of wheat fields suffering from dryness earlier this season, it brings the question: will rain help? According to farmers, the answer is likely “no.” Fields of wheat in the south […] Read more
Crops varied in eastern Sask: CWB tour
Carlyle, Sask. — The effect of this years dry weather is becoming increasingly apparent as the CWB crop tour moves into Saskatchewan. Lack of moisture is visible in southwestern Manitoba and southeastern Saskatchewan, the CWB tour found. However, dryness hasn’t been all bad in some areas — participants from the 2014 crop tour recall a […] Read more
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